Goldman's New Buyout Debt Fund

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Goldman Sachs raising $10 billion to build a senior debt fund, according to Henny Sender. The fund will buy senior loans, complimenting the mezzanine fund Goldman already has in place. It also seems that Goldman may use the fund to originate buyout loans, allowing it to commit to financing deals in a market where many investors have shied away.
Interestingly, the fund will be operated by Goldman's private equity arm, rather than its lending unit, Goldman Sachs Capital Partners, according to the report.

Goldman fund to invest in loans behind LBOs
[Financial Times]

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